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Finance

1 Aug 2025 12:55 PM | Kemi Oyebade (Administrator)

The theme for this issue is Women’s Equality. One of the largest disparities between women and men is the amount of pay that they receive. Here are some reasons that women should be paid equally.

Women should make the same money as men for doing the same work because of basic principles of fairness, equality, and economic efficiency. Here's a breakdown:

1. Equal Pay for Equal Work

• If two people do the same job, with the same skills, experience, and performance, they should be paid the same—regardless of gender. Anything else is discrimination.

2. Human Rights & Legal Standards

• Equal pay is a human right. Many countries (like the U.S. under the Equal Pay Act and Title VII of the Civil Rights Act) have laws requiring gender pay equality.

3. Economic Benefits

• When women are paid fairly, they have more to spend and invest, which stimulates the economy. Families benefit too, especially in households where women are primary earners.

4. Workforce Morale & Retention

• Fair pay improves job satisfaction, reduces turnover, and builds a culture of trust. Unequal pay can lead to resentment, low morale, and higher recruitment costs.

5. Closing the Wage Gap Builds a Better Future

• The gender wage gap contributes to long-term financial inequality—affecting women’s retirement savings, access to capital, and generational wealth.

6. Bias, Not Merit, Causes Pay Gaps

• Studies consistently show that pay disparities often arise not from merit, but from systemic bias, undervaluation of work traditionally done by women, and fewer opportunities for advancement.

In short, fair pay is not just about justice—it’s about smart economics and a healthier society.

SANDY THOMPSON

NFBPWC FINANCE CHAIR



Equal Participation of Women and Men in Power and Decision-Making Roles.

NFBPWC is a national organization with membership across the United States acting locally, nationally and globally. NFBPWC is not affiliated with BPW/USA Foundation.

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